Chinese drone, camera and gimbal manufacturer DJI has announced the Osmo Mobile 3, a third-generation gimbal designed to be more capable and compact than ever.

Available today for $119, the Osmo Mobile 3 features a similar design to its predecessors, but folds down into a much smaller package, making it easier to pack away in bags, backpacks and purses. Specifically, the device measures 285 × 125 × 103 mm (11.2 x 4.92 x 4.06in) when unfolded, 157 × 130 × 46 mm (6.18 x 5.12 x 1.81in) when folded down and weighs 405g (14.29oz).

It also features a more streamlined interface so one-handed operation is easier, including the ability to flip the phone’s orientation from portrait to landscape (or vice versa) with three taps of the ‘mode’ button, a much requested feature not found on its predecessors.

On the user-facing side of the Osmo Mobile 3, there is a joystick, a record button (also serves as the shutter button), the mode button (also serves as the power button) and a battery life indicator. On the left and right sides are a T/W zoom toggle and a USB-C port, respectively. DJI has also brought back the popular trigger option found on the original Osmo Mobile and DJI’s higher-end gimbals.

In addition to being used to charge the 2450 man Li-ion battery that’s rated for 15 hours of use, the USB-C port also serves as a means of connecting attachments, such as a 3.5mm audio jack for recording audio via an external microphone.

As is to be expected, DJI has brought some of its AI-powered drone technology and other shooting modes to the Osmo Mobile 3 via the DJI Mimo app. This includes DJI’s Active Track feature, ‘story mode’ which automatically edits footage together and other shooting options such as gesture controlled shooting, panorama, timelapse and hyperlapse.

The DJI Osmo Mobile 3 is currently available to purchase for $119 at authorized retailers, including Adorama and B&H. DJI is also selling a combo pack with the Osmo Carrying Case and Osmo Grip Tripod for $139.